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The Australian and New Zealand dollars pulled back sharply on Thursday after leaders of Germany and France told Greece it would not receive another cent in European aid until it decides whether it wants to stay in the eurozone. The Aussie skidded nearly a cent to $1.0246 and bond futures jumped to a one-month highs as investors dumped risky assets following European emergency talks about Greece's surprising referendum.
The Aussie fell to a two-week trough of $1.0208 before dealers took profits on short positions and some Asian central banks, keen on diversifying their reserves, stepped in to buy. The New Zealand dollar dropped to a one-month low of $0.7806.

Copyright Reuters, 2011

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